Central Bank Act, 1989.
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Conditions on approval of proposed acquiring transaction. |
80.—(1) An approval given by the Bank to a proposed acquiring transaction shall be subject to such conditions, if any, as the Bank— | |
(a) may impose (being conditions which in the opinion of the Bank are necessary for the orderly and proper regulation of banking), and | ||
(b) shall impose (being conditions specified by the Minister under section 77 ). | ||
(2) The Bank may, at any time, amend or revoke a condition with, in the case of a condition to which subsection (1) (b) relates, the consent of the Minister. |